Ketchum is a very small city located in the state of Idaho. With a population of 3,611 people and two associated neighborhoods, Ketchum is the 52nd largest community in Idaho.
Ketchum home prices are not only among the most expensive in Idaho, but Ketchum real estate also consistently ranks among the most expensive in America.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 15.37% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another notable thing is that Ketchum is an extremely popular vacation destination. A significant portion of the population is seasonal. During the vacation season, the city experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller city.
Residents of the city have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 12.70 minutes getting to work every day.
If knowledge is power, Ketchum is a pretty powerful place. 54.21% of the adults in Ketchum have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Ketchum in 2022 was $69,907, which is wealthy relative to Idaho and the nation. This equates to an annual income of $279,628 for a family of four.
The people who call Ketchum home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Ketchum residents report their race to be White, followed by Asian. Important ancestries of people in Ketchum include German, English, Norwegian, Scots-Irish, and Dutch.
The most common language spoken in Ketchum is English. Other important languages spoken here include Spanish and Italian.